US stocks slide as investors fret over high valuations for AI companies
Cautious comments from top bank executives add to jittery sentiment on Wall Street.
Cautious comments from top bank executives add to jittery sentiment on Wall Street
The only free news source for serious moves across finance
Latest news tagged with #ai
Cautious comments from top bank executives add to jittery sentiment on Wall Street.
Cautious comments from top bank executives add to jittery sentiment on Wall Street
Argentine President Javier Milei and his Economy Minister Luis Caputo will meet a select group of investors and company representatives in New York this week, people familiar with the matter said.
Argentine President Javier Milei and his Economy Minister Luis Caputo will meet a select group of investors and company representatives in New York this week, people familiar with the matter said.
Canada’s government is taking aim at competition in the financial sector, pledging to tackle fees, make it easier for consumers to switch banks and reduce regulatory burdens for smaller lenders.
Canada’s government is taking aim at competition in the financial sector, pledging to tackle fees, make it easier for consumers to switch banks and reduce regulatory burdens for smaller lenders.
The world’s largest sovereign wealth fund voted against Tesla’s proposed $1 trillion pay package.
The world’s largest sovereign wealth fund voted against Tesla’s proposed $1 trillion pay package. Bloomberg’s Craig Trudell discusses what this could mean for the upcoming shareholder vote with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Even if the AI bubble bursts, Palantir will be okay, says BofA Securities Analyst Mariana Perez Mora, who raised her price target for Palantir after it released its earnings.
Even if the AI bubble bursts, Palantir will be okay, says BofA Securities Analyst Mariana Perez Mora, who raised her price target for Palantir after it released its earnings. She discusses Palantir’s results and why it stands out from other AI companies with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
The do-it-yourself traders who embraced Bitcoin ETFs as crypto moved into the mainstream are getting a taste of the digital-asset hype cycle.
The do-it-yourself traders who embraced Bitcoin ETFs as crypto moved into the mainstream are getting a taste of the digital-asset hype cycle.
As the AI trade encounters a speed bump, experts advise investors not to panic and to instead focus on fundamentals.
As the AI trade encounters a speed bump, experts advise investors not to panic and to instead focus on fundamentals.
The future of much of President Donald Trump’s tariff campaign rests in the hands of the US Supreme Court, which will decide whether he can use an emergency law that had previously never been wielded to impose import taxes.
The future of much of President Donald Trump’s tariff campaign rests in the hands of the US Supreme Court, which will decide whether he can use an emergency law that had previously never been wielded to impose import taxes.
Star hedge fund manager discloses $912mn bearish wager.
Star hedge fund manager discloses $912mn bearish wager
Lanhee Chen, fellow in American Public Policy Studies at the Hoover Institution at Stanford University and former candidate for California State Controller (R), said that Governor Gavin Newsom was able to successfully frame his redistricting plan to bring in financial backing and support from the larger Democratic party.
Lanhee Chen, fellow in American Public Policy Studies at the Hoover Institution at Stanford University and former candidate for California State Controller (R), said that Governor Gavin Newsom was able to successfully frame his redistricting plan to bring in financial backing and support from the larger Democratic party. If Prop 50 passes, it could help determine control of Congress in next year's midterm. (Source: Bloomberg)
Daniela Manique, CEO, Latin America, Rhodia & Global President, Coatis Business Unit, Solvay Group and Ricardo Mussa, Chair, Sustainable Business COP discuss the role of the private sector in the upcoming Belem negotiations with Bloomberg's Meg Szabo at Bloomberg Green at COP30 in Sao Paulo.
Daniela Manique, CEO, Latin America, Rhodia & Global President, Coatis Business Unit, Solvay Group and Ricardo Mussa, Chair, Sustainable Business COP discuss the role of the private sector in the upcoming Belem negotiations with Bloomberg's Meg Szabo at Bloomberg Green at COP30 in Sao Paulo. (Source: Bloomberg)
The restaurant chain reached out to more than 40 potential buyers and received multiple offers, according to CEO Kelli Valade.
The restaurant chain reached out to more than 40 potential buyers and received multiple offers, according to CEO Kelli Valade.
Former Virginia Governor Terry McAuliffe said the state's voters, many of them federal workers, will take out their frustration with the shutdown and the state of the local economy on Trump and Republicans in today's election.
Former Virginia Governor Terry McAuliffe said the state's voters, many of them federal workers, will take out their frustration with the shutdown and the state of the local economy on Trump and Republicans in today's election. (Source: Bloomberg)
Riley Duren, CEO, Carbon Mapper; Justine Roure, Vice President, Strategy & Policy, OGCI and Daisy Streatfeild, Chief Sustainability Officer, Ninety One discuss the regulations, technologies and quality data that are reshaping emissions reductions in the oil and gas sector with Bloomberg's Akshat Rathi at Bloomberg Green at COP30 in Sao Paulo.
Riley Duren, CEO, Carbon Mapper; Justine Roure, Vice President, Strategy & Policy, OGCI and Daisy Streatfeild, Chief Sustainability Officer, Ninety One discuss the regulations, technologies and quality data that are reshaping emissions reductions in the oil and gas sector with Bloomberg's Akshat Rathi at Bloomberg Green at COP30 in Sao Paulo. (Source: Bloomberg)
Danny Alexander, CEO, Infrastructure Finance & Sustainability, HSBC; Miki Edelman, Senior Managing Director & Head of Americas, Macquarie Group and Ambroise Fayolle, Vice-President, European Investment Bank discuss how companies are advancing – and funding – their future-proofing efforts to build resilient communities and businesses with Bloomberg's Jennifer A.
Danny Alexander, CEO, Infrastructure Finance & Sustainability, HSBC; Miki Edelman, Senior Managing Director & Head of Americas, Macquarie Group and Ambroise Fayolle, Vice-President, European Investment Bank discuss how companies are advancing – and funding – their future-proofing efforts to build resilient communities and businesses with Bloomberg's Jennifer A. Dlouhy at Bloomberg Green at COP30 in Sao Paulo. (Source: Bloomberg)
After a rough start to 2025 that saw the dollar tally its worst first-half performance in a calendar year since at least the early 1970s, the greenback has been rising steadily since the Federal Reserve started cutting interest rates again in September.
After a rough start to 2025 that saw the dollar tally its worst first-half performance in a calendar year since at least the early 1970s, the greenback has been rising steadily since the Federal Reserve started cutting interest rates again in September.
Star hedge fund manager discloses $912mn bearish wager.
Star hedge fund manager discloses $912mn bearish wager
Sarah Bonadio, Chief Sustainability Officer, Alpargatas; Ângela Pinhati, Chief Sustainability Officer, Natura and Barbara Sapunar, Executive Director, Business Transformation & ESG, Nestlé Brasil discuss how Brazilian companies are evolving their sustainability strategies to manage risk, boost resilience and ensure growth with Bloomberg's Meg Szabo at Bloomberg Green at COP30 in Sao Paulo.
Sarah Bonadio, Chief Sustainability Officer, Alpargatas; Ângela Pinhati, Chief Sustainability Officer, Natura and Barbara Sapunar, Executive Director, Business Transformation & ESG, Nestlé Brasil discuss how Brazilian companies are evolving their sustainability strategies to manage risk, boost resilience and ensure growth with Bloomberg's Meg Szabo at Bloomberg Green at COP30 in Sao Paulo. (Source: Bloomberg)
Stocks are falling for reasons that go beyond AI jitters
U.S. stocks were wobbling on Tuesday, with several highflying tech names leading the way lower.
The restaurant chain reached out to more than 40 potential buyers and received multiple offers, according to CEO Kelli Valade.
The restaurant chain reached out to more than 40 potential buyers and received multiple offers, according to CEO Kelli Valade.